Explain what mark-to-market accounting is


Discussion Post

Watch: Enron Movie.

In 200 words respond to the following:

• Explain the behaviors of Jeff Schillings and Ken Lay that indicate neither could be trusted (hint: these are sociopathic traits: ex. What did they say? How did they speak? What promises did they make? Were they controlling? Charming? Risk Takers? Etc.);

• Explain what mark-to-market accounting is; and

• Explain who Andy Fastow is and what he did to assist in Enron's fraud.

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Accounting Basics: Explain what mark-to-market accounting is
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